The assessee forgot t claim deduction u/s 80C in his return and time to revise return has expired therefore revision petition has to be filed u/s 264. The return has been processed and intimation received from CPC. Whether revision petition is to be filed before the jurisdictional CIT or CIT (CPC) Bengaluru. Please guide. Thanks
An asseessee who is a non-resident sold her flat to a resident for 7500000 in india. Long tem capital gain works out to 552000. Resident is to deduct TDS on that amount . I want to know whether TDS is to be deducted on LTCG OR ON ENTIRE SALE CONSIDERATIION AND RATE OF TDS. Any form or declaration to be given by Non -resident to deduct TDS? Only PAN of non-resident is enough.
My wife wants to gift her flat at Bhopal to our daughter.Please inform rate of Gift Tax(Stamp Duty) for blood relations and registration fee to Sub registrar Office in M.P.Please also send format/draft of Gift Deed from mother to daughter.
A is the owner of a land. A has entered into a Joint Venture (JV) agreement with B around 30 years ago and collected contribution for the share given. The JV agreement provides that incase of disagreement between the parties both A & B will develop their respective area at their own cost. The agreement doesn’t specify that A will *convey* the portion of the land to B so that he can develop his share independently at his own cost. B is insisting that the land be divided as per his share and *conveyed* to him. A asks in such a case will section *50C/ 50D* of the Income Tax Act be applicable to A.
What is the difference between member and shareholder of a company?
Dear Sir/Mam,
Can we claim E-cash ledger balance while filing 3B?
or we have to apply only from "refund " tab on portal.
And
Do we need to upload any document for the same?
refund is below Rs2L
Thank you
Regards
Roopali
Dear sir,
Can we avail ITC on capital goods immediately after purchase or we have to avail it in 60 months. Kindly Advice
Interstate purchase and intrastate purchase are included under defination of aggregate turnover or not??
Suppose there is a situation where a hotel owner did not pay the gst collected from last one year,now the corporate clients cannot claim ITC as gst is not paid by the hotel owner n his gst is blocked,now he refuses to pay as he has a plan to shut down his hotel in next two months,what will be the liability of the gst practitioner in this case as owner is not paying gst despite of repeated advice by practitioner
Can any tell me capital gain on redemption of mutual fund calculated on Average cost basis or FIFO basis
Revision u/s 264 against CPC order